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Saudi’s Bena Steel + UK’s Alderley to contribute to KSA’s clean energy transition: Saudi-based steel manufacturer Bena Steel Industries and UK end-to-end energy solutions firm Alderley have signed an MoU to establish supply chains in Saudi Arabia for clean energy technologies including hydrogen, according to a disclosure published on Tadawul yesterday. Details are scant, but […]
Author Archives: enterpriseam admin
Posted inAROUND THE WORLD
Norway discovers giant phosphate mine amid a massive drive for energy transition resources
Norway discovers giant phosphate deposit: Norway’s publicly traded mining company Norge Mining has discovered 70 mn tons of phosphate rock deposit which it says contains enough minerals to meet the global demand for batteries and solar panels for the next 100 years, The Independent reports. Norway may fast-track extraction of a giant mine in Helleland […]
Posted inCALENDAR
JULY 2023 3-7 July (Monday-Friday): The 36th Conference of the International Association of Climatology, Bucharest, Romania. 15-16 July (Saturday-Sunday): Second COP27 transitional committee workshop, Bangkok, Thailand. 18-19 July (Tuesday-Wednesday): Egypt Mining Forum, Cairo, Egypt. TBD: Egypt’s post-COP27 Environmental and Climate Investment Forum, hosted by Egypt, Switzerland and UNIDO. AUGUST 2023 20-24 August (Sunday-Wednesday): World Water […]
Posted inWHAT WE’RE TRACKING TODAY
TODAY: The UAE greenlights national strategies on renewables, hydrogen and EVs
Good morning, friends. It’s another busy morning in the region with lots of big news emerging from the UAE. Let’s dive right in. THE BIG CLIMATE STORY- The UAE government has approved its updated National Energy Strategy to increase the country’s 2030 renewable capacity goal to 14 GW from 9.2 GW, tripling the currently installed […]
Posted inUncategorized
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Posted inPOLICY
UAE government approves national strategies for renewables, hydrogen, and EVs
UAE signs off on National Energy Strategy update: The UAE government has approved its updated National Energy Strategy increasing the country’s 2030 renewable capacity goal to 14 GW from 9.2 GW, according to a statement. The new goal represents triple the currently installed renewable energy capacity and will require AED 150-200 bn (around USD 41-55 […]
Posted inCARBON MARKETS
Emirates NBD launches compliant carbon market trading with a “cap and trade” system
Carbon trading ahead of COP28: Dubai’s biggest lender, Emirates NBD, is introducing compliant carbon market trading to help businesses manage their carbon emissions, according to a statement. The carbon contract trading facility would allow clients to access a growing asset class with an estimated value of USD 850 bn along six global emission trading schemes, […]
Posted inUncategorized
Posted inWASTE TO ENERGY
Dubai inaugurates USD 1.1 bn 220 MW waste-to-energy plant
Dubai inaugurates 220 MW WtE plant: Crown Prince of Dubai Hamdan bin Mohammed Al Maktoum inaugurated yesterday a AED 4 bn (USD 1.1 bn) waste-to-energy (WtE) plant in Warsan that will generate 220 MW of clean energy, the Dubai Media Office said. What we know: The 400k sqm plant will process and convert 2 mn […]
Posted inELECTRIC VEHICLES
Elsewedy Plug and Ikarus Electric set to build EV charging stations in Egypt
Egypt’s EV landscape is getting some charge: Egypt’s Elsewedy Electric subsidiary Elsewedy Plug and Ikarus Electric have received a one-year license to build EV charging stations from the Egyptian Electric Utility and Consumer Protection Regulatory Agency (Egyptera), Al Borsa reports, citing a copy of the decision document it obtained. The number and locations of the […]